In summary, long-term investing is not just about the duration of holding but is a strategy based on a deep understanding of the investment object and far-sightedness. True long-term investing requires investors to have a profound understanding of their investment objects and accurate judgments of long-term market trends.
Why Stick to Long-Term Investing?
1.Long-term investing reduces trading costs.
Understanding the importance of long-term investing is crucial to avoiding unnecessary costs. In contrast to short-term trading, many stakeholders, including some investment service providers, often encourage investors to trade frequently, as this can generate substantial fees and commission income for them.
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